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Author Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]  (Read 2375319 times)
goldlabel
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January 02, 2016, 11:43:21 PM
 #12201


Lucky numbers from the Magi NewYears lottery.

3nd price:  23

2nd price: 94

and the JACKPOT: 138

Congrats to the winners!  Grin

Payouts will follow tomorrow!
Ow no, those are the wrong numbers, i dont have any of them Grin
tittiecoiner
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January 03, 2016, 08:04:02 AM
 #12202

I'm surprised no one from team XMG popped up in this thread, seems to be an interesting idea
https://bitcointalk.org/index.php?topic=1084908.0

A good alternative to those not interested in running their desktop computer 24/7 and still want to stake/run a node for XMG.

111magic
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January 03, 2016, 12:14:01 PM
 #12203

I'm surprised no one from team XMG popped up in this thread, seems to be an interesting idea
https://bitcointalk.org/index.php?topic=1084908.0

A good alternative to those not interested in running their desktop computer 24/7 and still want to stake/run a node for XMG.

Thanks again  Wink Tittiecoiner.
You are a good help! Maybe you should join the Magi Marketing team.
Magi could use more people.

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
111magic
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January 03, 2016, 12:15:34 PM
 #12204


Lucky numbers from the Magi NewYears lottery.

3nd price:  23

2nd price: 94

and the JACKPOT: 138

Congrats to the winners!  Grin

Payouts will follow tomorrow!
Ow no, those are the wrong numbers, i dont have any of them Grin

Lol.
People with the right numbers please send me your walletaddresses pm.
I would like to pay out the prices!!!!

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
The Frisian
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January 03, 2016, 07:56:29 PM
 #12205



Didn't know XMG has so many friends in NL. Interesting overview

Does this represents the number of wallets or coin percentage, meaning almost
40% of the coins are in the USA?
What is the url of this diagram?
111magic
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January 03, 2016, 09:25:38 PM
 #12206

Noticed there are two winners with number 94.
No problem Magi will pay both winners the reward! Grin

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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January 03, 2016, 10:32:41 PM
 #12207

http://xmg.bleufaucet.com/

Another Magi faucet!! Grin

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
tittiecoiner
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January 04, 2016, 01:35:55 AM
Last edit: January 04, 2016, 01:52:47 AM by tittiecoiner
 #12208

Does this represents the number of wallets or coin percentage, meaning almost
40% of the coins are in the USA?
What is the url of this diagram?

Block explorer, https://chainz.cryptoid.info/xmg/#!network, tab Geo-Locations.
As far as I understand, it checks the location of the installed wallets. Most coins have a huge percentage belonging to USA, which is in my opinion due to 2 factors:

- just a guess: People from US are more involved in crypto than any other country
- most servers (nodes, services providers, exchanges) are located in the US

Compared to other coins, XMG has a lower percentage of USA based wallets, at least from what I was able to see.

btw: What happened to your tech guru Spexx? Didn't see him for a while. Was always interesting reading his posts.

crypto_currency
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January 04, 2016, 02:53:49 AM
 #12209

How to get POS interest?
I open my wallet with 60,000 XMG,but never get a coin.
Jookly
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January 04, 2016, 03:07:34 AM
 #12210

How to get POS interest?
I open my wallet with 60,000 XMG,but never get a coin.

is it possible your wallet is locked?  60k Magi should be staking like crazy
goldlabel
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January 04, 2016, 06:57:28 PM
 #12211

How to get POS interest?
I open my wallet with 60,000 XMG,but never get a coin.
you mean this?
Register for the Proof of Interest campaign is closed now!! Magi welcomes all people who signed in. This unique campaign will be great.
More people joined the PoI-III. Hope Magi will give you all a nice interest. Magi will continue to grow in 2016! Keep eyes on Magi.
The Frisian
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January 04, 2016, 09:28:22 PM
 #12212

btw: What happened to your tech guru Spexx? Didn't see him for a while. Was always interesting reading his posts.

Spexx is staking, like crazy. (really!)
You can always PM him.
z0n0
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January 05, 2016, 03:08:18 PM
 #12213

Anyone else having issues with sweetspot miner?
For the last 2-3 days doesn't read right block reward - its showing 22 all the time


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January 05, 2016, 03:10:20 PM
 #12214

How to get POS interest?
I open my wallet with 60,000 XMG,but never get a coin.

read first page about the unique way XMG POS

in fact if u have to much to old XMG they not stake at all.....
because the way XMG is set up coins who dont mint lose weight over time
and faster if bigger coinpile (based on percentage of total coins)

XMG is a pain in the ass to stake need lot micromanagement i hope
one of the improvements joe working on address that issue

 
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thefix
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January 05, 2016, 03:45:04 PM
 #12215

What do you think the strategy is of a person like this who has such a high hash rate to force lower rewards?       user---anonymous   KH/s---10,149   XMG/Day-----138.019

I assume they are using an energy efficient GPU or FPGA and just want to make everyone with a cpu waste more energy.


They have speeds 30x-40x faster than an average cpu miner

Would be nice if we could all get our hands on an energy conserving GPU miner so we could be on an even playing field with these thugs.

Imagine 3000 KH/S on a 40-60 watt($99) GPU compared to a 150 KH/s on a 100 WATT ($200+)CPU

Everyone could throttle to around 400 KH/s and then ramp things up if the thugs appear with very low power consumption
tittiecoiner
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January 05, 2016, 03:49:04 PM
 #12216

How to get POS interest?
I open my wallet with 60,000 XMG,but never get a coin.

read first page about the unique way XMG POS

in fact if u have to much to old XMG they not stake at all.....
because the way XMG is set up coins who dont mint lose weight over time
and faster if bigger coinpile (based on percentage of total coins)

XMG is a pain in the ass to stake need lot micromanagement i hope
one of the improvements joe working on address that issue

Harsh words but indeed it seems a bit complicated.
I suggested looking at the way XRA works. I like how presstab implemented a mechanism to encourage stakeholders holder their coins longer. Maybe even some inspiration for DMD? It's also nice that the wallet shows the amount I can send after fees, so I don't need to calculate and just copy & paste that amount. Unfortunately it seems no one here shares my interest.

No, this is no advertising for this coin, just a suggestion to the XMG team to get some ideas how to optimize their PoS mechanism.

tittiecoiner
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January 05, 2016, 03:51:15 PM
 #12217

btw, just a heads up. In the mining section someone asked what coin to mine with a network of 50 dedicated servers and got XMG as suggestion. I asked him to stay away unless he's mining with lower hashrate and spreading it on several pools...but you never know.

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January 05, 2016, 08:50:06 PM
 #12218

Anyone else having issues with sweetspot miner?
For the last 2-3 days doesn't read right block reward - its showing 22 all the time




Also this link is not working : https://bauerj.eu/xmg/
Same problem, it says 22 all the time,
but the real value is around 2 at this time : https://xmg.suprnova.cc/index.php?page=statistics&action=blocks
Who knows what the problem is?
tittiecoiner
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January 05, 2016, 11:05:00 PM
 #12219

Just a heads up: Cryptsy paused trading and withdrawals engine to "fix the bugs".
So currently not even trading possible (and no wd of other coins like Magi).

Abiky
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January 05, 2016, 11:22:44 PM
 #12220

Just a heads up: Cryptsy paused trading and withdrawals engine to "fix the bugs".
So currently not even trading possible (and no wd of other coins like Magi).

So this explains why Cryptsy isn't listed anymore in Coinmarketcap under the Markets tab for an specific alt coin. I hope the could resolve the issue of BTC withdrawls, otherwise I would be stuck with a little BTC I have made by trading.  Smiley

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